$440,000

Investment potential for over 1 acre on Lake Buchanan. The existing home needs love and is sold as is; the value is in the land! Seller started many projects and was unable to finish them. Bring your creative vision and complete the house to suit your tastes and style! Comprised of 7 parcels, the opportunity is there for a savvy buyer to subdivide and maximize their investment. Lots are marked with purple posts. The property wraps around the corner at Cedar Trail and Tow Trail, creating an abundance of road frontage for future opportunities. No known restrictions present a host of options ~ residential, RV park, multiple homesites, tiny homes, manufactured homes, short term rentals, AirBNB... Lake levels have been significantly impacted by lack of rain in the Highland Lakes area. When water is up, the the canal behind the home is a great spot for fishing. Lake Buchanan is fed by the Colorado River and spans over 30 miles. The Lake is a popular destination for fishing, boating, swimming and outdoor recreation. Lake Buchanan is known for beautiful quartz & granite sand beaches, blue clear waters and limestone rocky points. Fishing guides tout Lake Buchanan as the premier destination for striped bass, white bass, largemouth bass, Guadalupe bass, catfish, crappie and more. Popular destinations include Fall Creek Winery (1/2 mile down the road), Cedar Point Recreation Area, Black Rock Park, Canyon of the Eagles, & the Waterfalls on Lake Buchanan. Lake Buchanan is located 60 miles northwest of Austin; 95 miles north of San Antonio; 200 miles south of Dallas/Fort Worth; and 200 miles west of Houston.